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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
05/17/2018 |
$10.00 |
$10.01 |
$9.10 |
$9.20 |
25.70K | 05/18/2018 |
$9.20 |
$9.30 |
$9.20 |
$9.30 |
15.20K | 05/21/2018 |
$9.18 |
$9.18 |
$8.90 |
$8.90 |
4.40K | 05/22/2018 |
$8.95 |
$8.99 |
$8.89 |
$8.90 |
20.90K | 05/23/2018 |
$8.90 |
$8.90 |
$8.90 |
$8.90 |
0 |
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First Federal of Northern Michigan Bancorp is a savings and loan holding company. Through its subsidiary, First Federal of Northern Michigan (the Bank), Co. provides financial services to individuals, families and businesses in Michigan. The Bank's business consists primarily of accepting deposits from the public and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, commercial business loans, consumer loans and in investment securities and mortgage-backed securities. As of Dec 31 2014, Co. had total assets of $325.9 million and total deposits of $270.7 million. | |
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FFNM (FFNM) has the following price history information. Looking back at FFNM historical stock prices for the last five trading days, on May 17, 2018, FFNM opened at $10.00, traded as high as $10.01 and as low as $9.10, and closed at $9.20. Trading volume was a total of 25.70K shares. On May 18, 2018, FFNM opened at $9.20, traded as high as $9.30 and as low as $9.20, and closed at $9.30. Trading volume was a total of 15.20K shares. On May 21, 2018, FFNM opened at $9.18, traded as high as $9.18 and as low as $8.90, and closed at $8.90. Trading volume was a total of 4.40K shares. On May 22, 2018, FFNM opened at $8.95, traded as high as $8.99 and as low as $8.89, and closed at $8.90. Trading volume was a total of 20.90K shares. On May 23, 2018, FFNM opened at $8.90, traded as high as $8.90 and as low as $8.90, and closed at $8.90. Trading volume was a total of 0 shares.
FFNM Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into FFNM shares, starting with a $10,000 purchase of FFNM, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/24/2014 |
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End date: |
05/23/2018 |
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Start price/share: |
$4.89 |
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End price/share: |
$8.90 |
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Starting shares: |
2,044.99 |
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Ending shares: |
2,727.52 |
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Dividends reinvested/share: |
$2.72 |
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Total return: |
142.75% |
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Average Annual Total Return: |
24.27% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$24,278.47 |
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Years: |
4.08 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/24/2014 |
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End date: |
05/23/2018 |
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Start price/share: |
$4.89 |
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End price/share: |
$8.90 |
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Dividends collected/share: |
$2.72 |
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Total return: |
137.63% |
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Average Annual Total Return: |
23.62% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$23,764.24 |
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Years: |
4.08 |
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Date |
Close |
05/17/2018 | $9.20 | 05/18/2018 | $9.30 | 05/21/2018 | $8.90 | 05/22/2018 | $8.90 | 05/23/2018 | $8.90 |
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